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Car Depreciation Secrets
📉 CAR DEPRECIATION SECRETS 📉
Depreciation Timeline:
📅 Year 1: -20% (drive off lot)
📅 Year 2: -15% additional
📅 Year 3: -10% additional
📅 Years 4-5: -5% each year
📅 After 5 years: Slow decline
Slowest Depreciating Cars:
🏆 Toyota Prius, Camry, Corolla
🏆 Honda Civic, Accord, CR-V
🏆 Subaru Outback, Forester
🏆 Jeep Wrangler (holds value well)
Fastest Depreciating Cars:
💸 Luxury sedans (BMW 7-series, Mercedes S-class)
💸 Electric vehicles (technology changes)
💸 Large SUVs (gas price sensitivity)
💸 Convertibles (limited market)
Minimize Depreciation:
✅ Buy 2-3 years old (let someone else take the hit)
✅ Choose popular colors (white, black, silver)
✅ Maintain service records
✅ Keep mileage reasonable (12K-15K/year)
✅ Avoid modifications
The sweet spot: 3-year-old reliable brand.
Someone else paid for the depreciation.
#CarDepreciation #CarValue #AutoFinance
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